Financial risk management (Tables)

12 Months Ended

Dec. 31, 2025

Financial risk management

Schedule of interest bearing financial liabilities


		2025
		Fixed rate		Floating rate		Total
		U.S.$'000		U.S.$'000		U.S.$'000
Bank borrowings (Note 17)		38,738		101,274		140,012
Obligations under leases (Note 18)		69,683		—		69,683
Debt instruments (Note 19)		—		26,014		26,014
Other financial liabilities (Note 20) ^(*)		33,443		—		33,443
		141,864		127,288		269,152

^(*) Excluding derivative instruments


		2024
		Fixed rate		Floating rate		Total
		U.S.$'000		U.S.$'000		U.S.$'000
Bank borrowings (Note 17)		14,831		42,331		57,162
Obligations under leases (Note 18)		69,452		—		69,452
Debt instruments (Note 19)		—		10,135		10,135
Other financial liabilities (Note 20) ^(*)		52,380		19,484		71,864
		136,663		71,950		208,613

Schedule of undiscounted cash flow maturities


		2025
		Less than 1 year		Between 1-2 years		Between 2-5 years		After 5 years		Total
		US$'000		US$'000		US$'000		US$'000		US$'000
Bank borrowings		81,402		20,283		16,781		27,943		146,409
Leases		14,723		12,734		24,393		102,296		154,146
Debt instruments		26,014		—		—		—		26,014
Financial loans from government agencies		12,447		12,549		10,648		—		35,644
Payables to related parties		2,577		—		—		—		2,577
Payable to non-current asset suppliers		8,993		122		—		—		9,115
Contingent consideration		3,261		—		—		—		3,261
Trade and other payables		144,853		—		—		—		144,853
		294,270		45,688		51,822		130,239		522,019


		2024
		Less than 1 year		Between 1-2 years		Between 2-5 years		After 5 years		Total
		US$'000		US$'000		US$'000		US$'000		US$'000
Bank borrowings		43,251		681		13,230		—		57,162
Leases		14,225		14,504		26,155		114,925		169,809
Debt instruments		10,268		—		—		—		10,268
Financial loans from government agencies		47,283		9,408		12,960		—		69,651
Payables to related parties		2,664		—		—		—		2,664
Payable to non-current asset suppliers		7,066		143		—		—		7,209
Contingent consideration		2,163		1,489		—		—		3,652
Trade and other payables		157,064		—		—		—		157,064
		283,984		26,225		52,345		114,925		477,479

Schedule of changes in liabilities arising from financing activities


		January 1, 2024		Changes from financing cash flows		Effect of changes in foreign exchange rates		Interest expenses		Other changes		December 31, 2025
		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000
Bank borrowings (Note 17)		57,162		71,108		6,839		5,000		(97)		140,012
Obligations under leases (Note 18)		69,452		(16,186)		7,849		5,906		2,662		69,683
Debt instruments(Note 19)		10,135		13,117		1,726		1,036		—		26,014
Financial loans from government agencies (Note 20)		71,864		(46,831)		6,358		2,001		51		33,443
Total liabilities from financing activities		208,613		21,208		22,772		13,943		2,616		269,152
Other amounts paid due to net financing activities				(17,744)
Net cash (used) in financing activities				3,464


		January 1, 2023		Changes from financing cash flows		Effect of changes in foreign exchange rates		Interest expenses		Other changes		December 31, 2024
		US$'000		US$'000		US$'000		US$'000		US$'000		US$'000
Bank borrowings (Note 17)		46,548		9,529		(2,389)		3,887		(413)		57,162
Obligations under leases (Note 18)		66,250		(16,201)		(3,794)		5,935		17,262		69,452
Debt instruments(Note 19)		154,780		(144,993)		(114)		1,799		(1,337)		10,135
Financial loans from government agencies (Note 20)		77,442		(3,458)		(4,034)		4,371		(2,457)		71,864
Total liabilities from financing activities		345,020		(155,123)		(10,331)		15,992		13,055		208,613
Other amounts paid due to net financing activities				(20,385)
Net cash (used) in financing activities				(175,508)